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Updated about 2 years ago on . Most recent reply

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Emilio Pereira
2
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17
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Refinancing into a home I own under my LLC

Emilio Pereira
Posted

Hello I have quick question for anyone who could point me in the right direction. 
I recently bought a property under my LLC to rehab and flip but I'm actually going to keep this to live in. I was thinking about refinancing into a FHA/conventional loan under my personal name after rehab is done.

From the time I closed on it to when the property will be done with rehab it will be about 3 months. My questions are

1. Is there a waiting period I have to wait to refinance into the property with my personal name with a conventional/fha loan if I own the LLC that owns the home.
2. Is there a conventional loan I could get for this home if I keep it under an LLC, or are rates always higher if owned under an LLC? 

Please let. Me know any input, thanks 

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